Fitch affirms EDO rating with stable outlook

06/08/2026

Fitch Ratings has affirmed Energy Development Oman's (EDO) long-term Issuer Default Rating (IDR) at BBB- with a stable outlook, reflecting the company's strong operational and financial profile.

Muscat Daily

Bahrain, UAE sign MoU to advance 'One Stop' air passenger clearance project

06/08/2026

Bahrain and the UAE have signed a memorandum of understanding (MoU) to strengthen cooperation on the implementation of the "One Stop" pre-clearance project for air travellers, aimed at streamlining b

Trade Arabia

12th Riyadh Economic Forum to Kick Off in October

06/08/2026

Under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, the 12th Riyadh Economic Forum is scheduled to be held from October 12 to 14 at the Riyadh International Co

Saudi Gazette

20% of Sukuk Capital's financing goes to industrial companies

06/08/2026

The number of companies, investment funds, and individuals, as well as insurance firms investing through Saudi Arabia's "Sukuk Capital" crowdfunding platform has reached around 800,000 over the past

Arab News

PIF-led consortium completes $55bn Electronic Arts acquisition

06/08/2026

A consortium led by Saudi Arabia's Public Investment Fund has completed its approximately $55 billion acquisition of Electronic Arts, advancing the Kingdom's ambitions to become a global gaming hub.

Arab News